INFORMATION & COMMUNICATION TECHNOLOGY
Global GPS (Global Positioning System) Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global GPS (Global Positioning System) Market, By Type (Standalone Tracker, Portable Navigation Devices, Automotive Telematics Systems, Consumer Devices, and Others), Deployment (Commercial Vehicles and Cargo and Containers), Application (Road, Aviation, Marine, Location Based Services, Surveying & Mapping, and Others), Tracking Device (Satellite and Cellular), Tracker Type (Covert GPS Trackers, Standalone Tracker, and Advance Tracker ), Tracker Components (GPS Module, GSM Module, Microcontroller, Antenna, and Others), Industry (Transportation and Logistics, Construction, Oil & Gas, Metals And Mining, Government, and Others), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global GPS (Global Positioning System) market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
The Global Positioning System (GPS) is a satellite-based navigation system that provides location and time information anywhere on or near the Earth where there is an unobstructed line of sight to four or more GPS satellites. It operates by using a network of satellites that orbit the Earth, transmitting precise timing signals and information about their position. GPS receivers then use these signals to triangulate their own location. GPS is widely used in various applications, including navigation, mapping, surveying, and tracking.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Rising demand for Autonomous vehicles
- Augmented Reality (AR) and location-based services
RESTRAINTS
- Saturation of satellite signals
- Emerging alternative positioning technologies
OPPORTUNITIES
- Expansion in wearable technology
- Healthcare and remote patient monitoring
CHALLENGES
- Indoor positioning limitations
- Limited satellite coverage in polar regions
SEGMENTATION
- Type
- Standalone Tracker
- Portable Navigation Devices
- Automotive Telematics Systems
- Consumer Devices
- Others
- Deployment
- Commercial Vehicles
- Cargo and Containers
- Application
- Road
- Aviation
- Marine
- Location Based Services
- Surveying & Mapping
- Others
- Tracking Device
- Satellite
- Cellular
- Tracker Type
- Covert GPS Trackers
- Standalone Tracker
- Advance Tracker
- Tracker Components
- GPS Module
- GSM Module
- Microcontroller
- Antenna
- Others
- Industry
- Transportation and Logistics
- Construction
- Oil & Gas
- Metals And Mining
- Government
- Others
- Education
- Hospitality
- Agriculture
- Healthcare
- Others
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Hexagon AB
- Qualcomm Technologies, Inc.
- Broadcom
- Trimble Inc.
- MiTAC Holdings Corp.
- TomTom International BV
- Collins Aerospace
- Texas Instruments Incorporated
- Garmin Ltd.
- CalAmp
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global GPS (Global Positioning System) Market, by Type
- 3.2 Global GPS (Global Positioning System) Market, by Deployment
- 3.3 Global GPS (Global Positioning System) Market, by Application
- 3.4 Global GPS (Global Positioning System) Market, by Tracking Device
- 3.5 Global GPS (Global Positioning System) Market, by Tracker Type
- 3.6 Global GPS (Global Positioning System) Market, by Tracker Components
- 3.7 Global GPS (Global Positioning System) Market, by Industry
- 3.8 Global GPS (Global Positioning System) Market, by Geography
- 3.9 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Indoor Positioning Systems (IPS)
- 5.1.2 Multi-constellation GNSS support
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Rising demand for autonomous vehicles
- 5.2.2 Augmented Reality (AR) and location-based services
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Saturation of satellite signals
- 5.3.2 Emerging alternative positioning technologies
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Expansion in wearable technology
- 5.4.2 Healthcare and remote patient monitoring
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Indoor positioning limitations
- 5.5.2 Limited satellite coverage in polar regions
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL GPS (GLOBAL POSITIONING SYSTEM) MARKET, BY TYPE
- 6.1 Type Summary
- 6.2 Market Attractive Index
- 6.3 Global GPS (Global Positioning System) Market, by Type (2019-2032)
- SECTION 7 - GLOBAL GPS (GLOBAL POSITIONING SYSTEM) MARKET, BY DEPLOYMENT
- 7.1 Deployment Summary
- 7.2 Market Attractive Index
- 7.3 Global GPS (Global Positioning System) Market, by Deployment (2019-2032)
- SECTION 8 - GLOBAL GPS (GLOBAL POSITIONING SYSTEM) MARKET, BY APPLICATION
- 8.1 Application Summary
- 8.2 Market Attractive Index
- 8.3 Global GPS (Global Positioning System) Market, by Application (2019-2032)
- SECTION 9 - GLOBAL GPS (GLOBAL POSITIONING SYSTEM) MARKET, BY TRACKING DEVICE
- 9.1 Tracking Device Summary
- 9.2 Market Attractive Index
- 9.3 Global GPS (Global Positioning System) Market, by Tracking Device (2019-2032)
- SECTION 10 - GLOBAL GPS (GLOBAL POSITIONING SYSTEM) MARKET, BY TRACKER TYPE
- 10.1 Tracker Type Summary
- 10.2 Market Attractive Index
- 10.3 Global GPS (Global Positioning System) Market, by Tracker Type (2019-2032)
- SECTION 11 - GLOBAL GPS (GLOBAL POSITIONING SYSTEM) MARKET, BY TRACKER COMPONENTS
- 11.1 Tracker Components Summary
- 11.2 Market Attractive Index
- 11.3 Global GPS (Global Positioning System) Market, by Tracker Components (2019-2032)
- SECTION 12 - GLOBAL GPS (GLOBAL POSITIONING SYSTEM) MARKET, BY INDUSTRY
- 12.1 Industry Summary
- 12.2 Market Attractive Index
- 12.3 Global GPS (Global Positioning System) Market, by Industry (2019-2032)
- SECTION 13 - GLOBAL GPS (GLOBAL POSITIONING SYSTEM) MARKET, BY GEOGRAPHY
- 13.1 Regional Summary
- 13.2 Market Attractive Index
- 13.3 Global GPS (Global Positioning System) Market, by Geography (2019-2032)
- SECTION 14 - NORTH AMERICA GPS (GLOBAL POSITIONING SYSTEM) MARKET
- 14.1 North America Summary
- 14.2 Market Attractive Index
- 14.3 North America GPS (Global Positioning System) Market, by Type (2019-2032)
- 14.4 North America GPS (Global Positioning System) Market, by Deployment (2019-2032)
- 14.5 North America GPS (Global Positioning System) Market, by Application (2019-2032)
- 14.6 North America GPS (Global Positioning System) Market, by Tracking Device (2019-2032)
- 14.7 North America GPS (Global Positioning System) Market, by Tracker Type (2019-2032)
- 14.8 North America GPS (Global Positioning System) Market, by Tracker Components (2019-2032)
- 14.9 North America GPS (Global Positioning System) Market, by Industry (2019-2032)
- 14.10 North America GPS (Global Positioning System) Market, by Country (2019-2032)
- 14.10.1 U.S.
- 14.10.2 Canada
- 14.10.3 Mexico
- 14.10.4 Rest of North America
- SECTION 15 - EUROPE GPS (GLOBAL POSITIONING SYSTEM) MARKET
- 15.1 Europe Summary
- 15.2 Market Attractive Index
- 15.3 Europe GPS (Global Positioning System) Market, by Type (2019-2032)
- 15.4 Europe GPS (Global Positioning System) Market, by Deployment (2019-2032)
- 15.5 Europe GPS (Global Positioning System) Market, by Application (2019-2032)
- 15.6 Europe GPS (Global Positioning System) Market, by Tracking Device (2019-2032)
- 15.7 Europe GPS (Global Positioning System) Market, by Tracker Type (2019-2032)
- 15.8 Europe GPS (Global Positioning System) Market, by Tracker Components (2019-2032)
- 15.9 Europe GPS (Global Positioning System) Market, by Industry (2019-2032)
- 15.10 Europe GPS (Global Positioning System) Market, by Country (2019-2032)
- 15.10.1 Germany
- 15.10.2 U.K.
- 15.10.3 France
- 15.10.4 Italy
- 15.10.5 Spain
- 15.10.6 Russia
- 15.10.7 The Netherlands
- 15.10.8 Belgium
- 15.10.9 Turkey
- 15.10.10 Rest of Europe
- SECTION 16 - ASIA-PACIFIC GPS (GLOBAL POSITIONING SYSTEM) MARKET
- 16.1 Asia-Pacific Summary
- 16.2 Market Attractive Index
- 16.3 Asia-Pacific GPS (Global Positioning System) Market, by Type (2019-2032)
- 16.4 Asia-Pacific GPS (Global Positioning System) Market, by Deployment (2019-2032)
- 16.5 Asia-Pacific GPS (Global Positioning System) Market, by Application (2019-2032)
- 16.6 Asia-Pacific GPS (Global Positioning System) Market, by Tracking Device (2019-2032)
- 16.7 Asia-Pacific GPS (Global Positioning System) Market, by Tracker Type (2019-2032)
- 16.8 Asia-Pacific GPS (Global Positioning System) Market, by Tracker Components (2019-2032)
- 16.9 Asia-Pacific GPS (Global Positioning System) Market, by Industry (2019-2032)
- 16.10 Asia-Pacific GPS (Global Positioning System) Market, by Country (2019-2032)
- 16.10.1 China
- 16.10.2 India
- 16.10.3 Japan
- 16.10.4 South Korea
- 16.10.5 Singapore
- 16.10.6 Malaysia
- 16.10.7 Australia
- 16.10.8 Thailand
- 16.10.9 Philippines
- 16.10.10 Rest of Asia-Pacific
- SECTION 17 - SOUTH AMERICA GPS (GLOBAL POSITIONING SYSTEM) MARKET
- 17.1 South America Summary
- 17.2 Market Attractive Index
- 17.3 South America GPS (Global Positioning System) Market, by Type (2019-2032)
- 17.4 South America GPS (Global Positioning System) Market, by Deployment (2019-2032)
- 17.5 South America GPS (Global Positioning System) Market, by Application (2019-2032)
- 17.6 South America GPS (Global Positioning System) Market, by Tracking Device (2019-2032)
- 17.7 South America GPS (Global Positioning System) Market, by Tracker Type (2019-2032)
- 17.8 South America GPS (Global Positioning System) Market, by Tracker Components (2019-2032)
- 17.9 South America GPS (Global Positioning System) Market, by Industry (2019-2032)
- 17.10 South America GPS (Global Positioning System) Market, by Country (2019-2032)
- 17.10.1 Brazil
- 17.10.2 Argentina
- 17.10.3 Chile
- 17.10.4 Colombia
- 17.10.5 Rest of South America
- SECTION 18 - MIDDLE EAST AND AFRICA GPS (GLOBAL POSITIONING SYSTEM) MARKET
- 18.1 Middle East and Africa Summary
- 18.2 Market Attractive Index
- 18.3 Middle East and Africa GPS (Global Positioning System) Market, by Type (2019-2032)
- 18.4 Middle East and Africa GPS (Global Positioning System) Market, by Deployment (2019-2032)
- 18.5 Middle East and Africa GPS (Global Positioning System) Market, by Application (2019-2032)
- 18.6 Middle East and Africa GPS (Global Positioning System) Market, by Tracking Device (2019-2032)
- 18.7 Middle East and Africa GPS (Global Positioning System) Market, by Tracker Type (2019-2032)
- 18.8 Middle East and Africa GPS (Global Positioning System) Market, by Tracker Components (2019-2032)
- 18.9 Middle East and Africa GPS (Global Positioning System) Market, by Industry (2019-2032)
- 18.10 Middle East and Africa GPS (Global Positioning System) Market, by Country (2019-2032)
- 18.10.1 Kingdom of Saudi Arabia
- 18.10.2 South Africa
- 18.10.3 U.A.E.
- 18.10.4 Egypt
- 18.10.5 Rest of Middle East and Africa
- SECTION 19 - COMPANY SHARE ANALYSIS
- 19.1 Global GPS (Global Positioning System) Market, Company Share Analysis
- 19.2 North America GPS (Global Positioning System) Market, Company Share Analysis
- 19.3 Europe GPS (Global Positioning System) Market, Company Share Analysis
- 19.4 Asia-Pacific GPS (Global Positioning System) Market, Company Share Analysis
- SECTION 20 - COMPANY PROFILES
- 20.1 Hexagon AB
- 20.1.1 Company Snapshot
- 20.1.2 Financial Overview
- 20.1.3 Product Portfolio
- 20.1.4 Recent Developments
- 20.2 Qualcomm Technologies, Inc.
- 20.2.1 Company Snapshot
- 20.2.2 Financial Overview
- 20.2.3 Product Portfolio
- 20.2.4 Recent Developments
- 20.3 Broadcom
- 20.3.1 Company Snapshot
- 20.3.2 Financial Overview
- 20.3.3 Product Portfolio
- 20.3.4 Recent Developments
- 20.4 Trimble Inc.
- 20.4.1 Company Snapshot
- 20.4.2 Financial Overview
- 20.4.3 Product Portfolio
- 20.4.4 Recent Developments
- 20.5 MiTAC Holdings Corp.
- 20.5.1 Company Snapshot
- 20.5.2 Financial Overview
- 20.5.3 Product Portfolio
- 20.5.4 Recent Developments
- 20.6 TomTom International BV
- 20.6.1 Company Snapshot
- 20.6.2 Financial Overview
- 20.6.3 Product Portfolio
- 20.6.4 Recent Developments
- 20.7 Collins Aerospace
- 20.7.1 Company Snapshot
- 20.7.2 Financial Overview
- 20.7.3 Product Portfolio
- 20.7.4 Recent Developments
- 20.8 Texas Instruments Incorporated
- 20.8.1 Company Snapshot
- 20.8.2 Financial Overview
- 20.8.3 Product Portfolio
- 20.8.4 Recent Developments
- 20.9 Garmin Ltd.
- 20.9.1 Company Snapshot
- 20.9.2 Financial Overview
- 20.9.3 Product Portfolio
- 20.9.4 Recent Developments
- 20.10 CalAmp
- 20.10.1 Company Snapshot
- 20.10.2 Financial Overview
- 20.10.3 Product Portfolio
- 20.10.4 Recent Developments
- SECTION 21 - RELATED REPORTS
- SECTION 22 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.